Although concerns are rising that Bitcoin (BTC) might continue to decline in the following weeks, perhaps even dropping below the $40,000 territory, one cryptocurrency analyst believes the opposite will happen, arguing that bears are in the wrong here and “about to get murdered.”
Specifically, a popular pseudonymous crypto trading analyst known as Bluntz has earlier shared his core thesis and “base case for BTC,” according to which Bitcoin was making the second wave of its last leg into a new all-time high (ATH), and about to enter the third one, reiterating it in an X post on September 3.
Indeed, as the expert’s analysis demonstrates, the maiden crypto asset could end up in the $80,000 zone before consolidating in the fourth wave. After that, the fifth wave could take it upwards and toward $95,000 sometime in October this year.
Bitcoin price prediction and performance analysis. Source: Bluntz
Other crypto analysts’ Bitcoin price prediction
On the other hand, t
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